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Red Dead Redemption 2 and GTA 5 coming to next-gen consoles, claims analyst

Take Two and Rockstar Games should announce the next Red Dead Redemption and a next-gen version of GTA 5 within the year.

According to Colin Sebastian, an analyst at Baird Equity Research, GTA 5 for PC, Xbox One and PS4 as well as a Red Dead Redemption sequel are a matter of when, not if.

Sebastian believes that both could be announced within this year, which will be of great interest to those who have already signed the GTA 5 PC petition.

“Take Two continues to produce some of the highest-quality console and PC games, which we believe should transition well on next-gen platforms,” said Sebastian in the 2014 Video Game Industry Predictions and Q4 Results Preview.

“We expect product announcements over the next year such as extending GTA V to other platforms (e.g. PCs, next-gen consoles), the next Red Dead, etc., to help improve revenue and earnings visibility. In addition, the company has significant potential to grow digital/online revenues, which should help improve gross margins and add visibility to growth.”

Although Rockstar Games has denied a PC version of GTA 5 is in the works, recent Amazon listings have suggested an announcement is imminent.

“We expect PC version of GTA V in 2014. Recently, Amazon.com posted a product listing for a PC-version of the company’s blockbuster franchise Grand Theft Auto V(GTA).”

For fans of Red Dead Redemption, there may well be a next-gen announcement this year.

Back in 2012, Rockstar admitted it hasn’t finished with the Red Dead franchise saying: “We don’t always rush to make sequels but that does not mean that we won’t get back to them eventually. Stay tuned for further announcements about the future of the Red Dead series.”

Rockstar also said in October last year it has been working on “the next version of a famous IP” since June 2010, along with ten other next gen games. As Red Dead Redemption was released in May 2010, it would make sense for the next Red Dead to be in development from June 2010.

“We also believe the next Red Dead game is in the works potentially for a 2014 launch”, said Sebastian.

Previous rumours have suggested the next Red Dead game will be called Red Dead Rebellion.

Read more: Best new games of 2014

Via: VG247

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